Registered sex offenders and house prices: An hedonic analysis

Steven B Caudill, Ermanno Affuso and Ming Yang

Urban Studies, 2015, vol. 52, issue 13, 2425-2440

Abstract: The sex offender registry system provides consumers with locations of registered sex offenders. This paper uses two methods to evaluate the impact of sex offender registries on house prices in Memphis. Using an hedonic spatial error model, we find that each additional sex offender in a one-mile radius results in a loss of about 2% of the property value and that a 10% increase in distance from the nearest sex offender increases value by about 0.17%. At the mean values of the independent variables we find a 7% loss of value within a one-mile radius and a 14% loss of value within a 0.1 mile radius.

Keywords: crime; hedonic regression; property values; urban economics (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:52:y:2015:i:13:p:2425-2440

DOI: 10.1177/0042098014547368

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